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Language Learning Service Voxy Closes Another 600K, For A Total Of $1.2 Million

December 21st, 2010 12:43 admin Leave a comment Go to comments

TechCrunch Disrupt finalist Voxy announces today that it has raised another $600k in addition to a $600K convertible debt round in February, bringing its total funding to $1.2 million.

Founded by Paul Gollash, the New York-based startup uses multimedia platforms to help people “learn a language from life.” Voxy utilizes SMS, the web and mobile apps in order to teach ESL to native Spanish speakers through content people would normally read, like magazine stories.  The service has over 16,000 active users.

New angel investors John Frankel from ff Assett Management, Paul Whetsell from WD Capital and Jim Dannhauser of Six Flags will be joining current investors Doug Levine and Mike Brown in backing Voxy. The startup will be using the new round of funding in order to focus on scaling product and hiring

Voxy plans on rolling out a formal iPhone app in January and adding a Spanish to English version next year.

Source: Language Learning Service Voxy Closes Another 600K, For A Total Of $1.2 Million

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